Business news from Ukraine

Business news from Ukraine

Zhezhelevsky quarry is put up for sale again

20 March , 2025  

The Zhezhelevsky quarry in Vinnytsia region, which was put up for sale in March 2024, is looking for a buyer again. NADRA.INFO reports citing an announcement by InVenture.

The price of the asset has not changed over the year: the seller is asking $3,250,000.

InVenture cites the following characteristics of the quarry:

The area of the deposit is 54.9 hectares. The area of the leased territory is 88.09 hectares (7 plots). The mining allotment for the extraction of block stone is 15.92 hectares, and for the extraction of stone for crushed stone – 33.28 hectares. The land lease agreements are valid until 2036.

Special mining permit until 2036. The permit includes two separate areas: for the extraction of block stone (Cardinal Grey GG4) and rubble stone for the production of crushed stone.

The balance reserves as of 2024 amount to 15.762 million m3, including 3.176 millionm3 for blocks (categories A + B) and 12.586 millionm3 for crushed stone (categories A + B + C1).

In addition, in the C1 category, the conditional balance sheet reserves for the block area are +2.69 millionm3 and for the crushed stone area +1.074 millionm3. Additionally, there may be an increase in reserves at the bottom of the pit. The initial reserves have been depleted by only ≈ 24% since 1975.

Crushed stone product characteristics: fraction nomenclature according to certificates: 0-5, 5-10, 10-20, 5-20, 20-40, 40-70, mixtures of C-11, C-7, C-5. Compressive strength grade M1200, density 2.7 t/cubic meter, radioactivity class one, abrasion grade St.1, impact resistance grade U-75, gross friability g/p = 15%. An operating laboratory with equipment.

Characteristics of block raw materials: Zhezhelevsky granite has a predominantly dark gray color, medium grain size and is covered with garnet-colored inclusions. The granite has the grade M1200 – M1400, radioactivity class – the first, lends itself well to polishing and is easy to process. Mineral composition: KPS – 20%, Plagioclase – 30-35%, Quartz – 23%, Biotite – 15-25%, others – 2-7%. The main products of the quarry are granite blocks with a volume of up to 4 m3. In addition to blocks, it is possible to produce granite slabs for further processing.

Number of employees: 24 people (engineers – 8 people, other staff – 16 people). Current operation in 1 shift.

Nominal annual capacity of the crushed stone production line = 1,100,000 tons per year

Actual hourly processing capacity = 280-340 tons/hour (depending on the operating mode)4 crushing stages:

  1. Receiving hopper (60 cubic meters) with a plate feeder and a SMD-111 jaw crusher;
  2. Medium-sized cone crusher Metso GP300s + Gyratory CVB 2060 (3 decks);
  3. Mobile complex with a cone crusher Sandvik СH-440 + Gurkrit (2 decks) + Gurkrit (3 decks);
  4. Independent line with Metso HP-100 cone crusher + Rumble (3 decks).

The announcement also clarifies that in the summer of 2024, a significant modernization of production was carried out, the crushing and screening complex was automated on the basis of Skada software with a central control panel, each element of the plant has appropriate indication, protection, and measuring devices to avoid the influence of the human factor, the line is fully equipped with machinery: two forklifts (CAT, VOLVO), an excavator (Liebherr), two BelAZ trucks (45 tons), two BelAZ trucks (30 tons), KrAZ trucks, three cranes (two KC and RDC cranes), a fuel truck, etc. There is also a 10 cubic meter licensed tank and a garage with repair bays, as well as two Skoda cars.

In addition to the crushing and screening line, the quarry has a complex of workshops for sawing and polishing slabs from the block quarry, all equipped with crane beams, overhead cranes and hoists.

Also on the territory are the following buildings: operator’s room, amenity room, administrative building, checkpoint, warehouse, lathe shop, compressor room, pump room, and garage. The area of all buildings is more than 4000 square meters.

There is a railway loading unit equipped with a ramp with two receiving hoppers and a conveyor loading system for 10-20 receiving cars.

Background.

Ihor Mazepa, founder of Concorde Capital Investment Group, and Vitaliy Antonov, founder of Galnaftogaz Group, became the official owners of Zhezhelevsky Quarry in the fall of 2024. However, it can be assumed that they have been controlling the company since December 2021 through German citizen Florian Guth. The Ministry of Justice asked the High Anti-Corruption Court to confiscate Zhezhelivskyi Quarry and Khust Quarry as state property, as both companies were purchased in 2021 from Austrian STRABAG SE, a stake in which was controlled by sanctioned Russian citizen Oleg Deripaska. The HACC Appeals Chamber canceled the confiscation.

Source: https://nadra.info/2025/03/antonov-and-mazepa-are-again-looking-for-a-buyer-for-a-granite-quarry/